Saxo Bank Review, Rating and Comparison

Overview

Saxo Bank Trading Accounts

Rank
7.55/10
Based on 53 Reviews
Position in Rating
1
Since 06 August, 2015
Vote
Company Reviews
«I Trust» 0% (0) Standart 100% (53) «Scam Alert» 0% (0)
Official Name
Saxo Bank
Headquarters
Saxo Bank A/S (Headquarters) Philip Heymans Allé 15 2900 Hellerup Denmark
Offices in
Cyprus, Greece, United States of America, Spain, France, Switzerland, United Arab Emirates, Italy, Netherlands, Portugal
Year founded
1992
Official Website
Official e-mail
Phone numbers
+4539774000
+30211181218
+3317894564

Saxo Bank provides Forex Broker's services since 1992. In 2001, after receiving the European license, company changed its name from Midas to Saxo Bank. This broker specialized in large investments on the international financial markets, and provides clients to trade with currencies, shares, CFDs, futures, options, metals and other. The main difference of Saxo Bank from other companies is that the company offers to traders the maximum confidentiality and reliability in the safety of funds, as well as high-speed order execution and control of online trading system.

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Rating chart

Detailed Information

Min. Position Size, lot:
0.05
Min. Account Size, $:
10000
Max. Leverage
1:200
Spread:
2.0
Payment Options:
Bank Wire Transfer, Visa \ MasterCard
Regulation:
ASIC, Banque de France, FCA, FSA
US Traders:
Demo Platforms:
Own platform
Account Currency:

USD, EUR

Website Languages:
English, Spanish, Russian, German, Portuguese, French, Japanese, Chinese, Korean, Dutch
Support Languages:
English, Spanish, Russian, German, Portuguese, French, Arabic, Japanese, Chinese, Korean
Support Methods:
Callback, Phone, Email
Trading Server Timezone:
GMT
VPS for Traders:
15 euro a month
Classic
Premium
Platinum​
Min. Position Size, lot:
0.01
Min. Account Size, $:
10000
Maximum leverage, 1:
200
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Instruments:
Forex — 1:100
Gold & silver — 1:200
CFD — 1:20
Trading Platforms:
MetaTrader 4, WebPlatform, Own platform
Digits after the decimal point in quotes:
4
Margin Call Level, %:
50
Stop-out Level, %:
50
Additional Features:
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.01
Min. Account Size, $:
100000
Maximum leverage, 1:
200
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Instruments:
Forex — 1:100
Gold & silver — 1:200
CFD — 1:20
Trading Platforms:
MetaTrader 4, WebPlatform, Own platform
Digits after the decimal point in quotes:
4
Margin Call Level, %:
50
Stop-out Level, %:
50
Additional Features:
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.01
Min. Account Size, $:
500000
Maximum leverage, 1:
200
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Instruments:
Forex — 1:100
Gold & silver — 1:200
CFD — 1:20
Trading Platforms:
MetaTrader 4, WebPlatform, Own platform
Digits after the decimal point in quotes:
4
Margin Call Level, %:
50
Stop-out Level, %:
50
Additional Features:
  • VIP
  • Telephone dealing
  • Scalping
  • Expert advisors

Saxo Bank Reviews

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09 November, 2018

Dinara Nukhatova from Uzbekistan

9

There has good small traders like me can use with little deposits and that is encouraging point by them. I hope they will continue to do so in future.

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09 November, 2018

Sivan Dark from Romania

8

Im overall as a happy clients , so far, they are doing a great job and i hope they can maintain and stick with their quality in future...

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04 November, 2018

Sato Iwari from Japan

10

Forex is an online investment market. But there are lots of investment markets in the world. I prefer forex other than any kind of stock. Traders can start trading in forex with capital. Now I am trading with SAXO. it is regulated and licensed broker. It is provide me best facilities for scalping like low tight spreads starting from 1pips, fast and smooth execution system and many more.

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30 October, 2018

Devian from United Kingdom

9

Good work! Keep it up! More I will recommend my viet friends to use it for their super service!

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30 October, 2018

Winston from San Marino

10

this is good broker,very stable, executionn also fast! I chose this forex broker because that thing. My account now has 100% profit form the deposit! :)

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30 October, 2018

Wilton from Norway

9

i highly recommend especially for beginners, they has excellent service. i feel comfortable with them.

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30 October, 2018

Santos from Puerto Rico

9

The company suits me perfectly, and its good support service and a good feedback. I hope that this company will only improve its services in future and trading with this broker will become even more comfortable.

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30 October, 2018

Konar from Norway

9

i making progress and profit 6 months with them! I like work with honest brokers, everybody can add them in toplist.

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26 October, 2018

Maxwell from Puerto Rico

9

Its quick in the money withdrawal and the system is relatively stable compared with my previous brokers. I'd say this is the best broker I'd been used so far.

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16 October, 2018

Entony Low from United States of America

10

Very good service since the beginning. People there know and understand how to interact with clients. came to know about them from babypips. I registered with them after i read positive things about them on the thread & started live for testing. Over time i increased by fund with them and never looked back. No complains on anything. Spreads are good, comm is low, execution is stable. Deposit withdrawals both timely. if looking for a consistent reliable broker, head this way.

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